ECHOMEDIC: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ECHOMEDIC
Largest movements
- Receivables within one year -€656,900
down €656,900 (-66.0%), from €995,175 to €338,275
of which Trade receivables: -€624,850
- Tangible fixed assets +€433,458
up €433,458 (+8247.0%), from €5,256 to €438,714
of which Other tangible fixed assets: +€401,939
- Cash +€233,290
new in 2025: €233,290
mainly Receivables within one year (+€656,900) and Current investments (+€121,170)
- Current investments -€121,170
no longer reported in 2025 (was €121,170)
- Stocks and contracts +€68,760
up €68,760 (+30.5%), from €225,694 to €294,454
- Profit (loss) carried forward +€99,673
up €99,673 (+21.3%), from €467,522 to €567,196
- Trade debts -€96,258
down €96,258 (-12.6%), from €761,111 to €664,853
- Tax, wage and social debts -€57,712
down €57,712 (-47.3%), from €122,057 to €64,346
of which Taxes: -€61,288
- Current portion of long-term debt +€39,030
up €39,030 (+1426.8%), from €2,735 to €41,765
- Gross operating margin +€187,149
up €187,149 (+245.9%), from €76,096 to €263,245
- Staff costs +€105,855
up €105,855 (+583.3%), from €18,147 to €124,001
- Other operating charges -€28,161
down €28,161 (-58.4%), from €48,242 to €20,081
- Taxes +€15,734
up €15,734 (+978.2%), from €1,608 to €17,342
- Financial income +€3,044
up €3,044 (+52.8%), from €5,764 to €8,809
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,375,534 | €1,360,746 | -€14,788 | -1.1% |
| Fixed assets | 21/28 | €7,676 | €441,209 | +€433,533 | +5648.0% |
| Tangible fixed assets | 22/27 | €5,256 | €438,714 | +€433,458 | +8247.0% |
| Land and buildings | 22 | €447 | €0 | -€447 | -100.0% |
| Plant, machinery and equipment | 23 | €4,431 | €9,966 | +€5,535 | +124.9% |
| Furniture and vehicles | 24 | €378 | €26,809 | +€26,432 | +6999.7% |
| Other tangible fixed assets | 26 | - | €401,939 | +€401,939 | |
| Financial fixed assets | 28 | €2,420 | €2,495 | +€75 | +3.1% |
| Current assets | 29/58 | €1,367,858 | €919,537 | -€448,322 | -32.8% |
| Stocks and contracts in progress | 3 | €225,694 | €294,454 | +€68,760 | +30.5% |
| Stocks | 30/36 | €225,694 | €294,454 | +€68,760 | +30.5% |
| Amounts receivable within one year | 40/41 | €995,175 | €338,275 | -€656,900 | -66.0% |
| Trade receivables | 40 | €923,634 | €298,784 | -€624,850 | -67.7% |
| Other amounts receivable | 41 | €71,541 | €39,491 | -€32,050 | -44.8% |
| Current investments | 50/53 | €121,170 | - | -€121,170 | |
| Cash at bank and in hand | 54/58 | - | €233,290 | +€233,290 | |
| Deferred charges and accrued income | 490/1 | €25,819 | €53,518 | +€27,698 | +107.3% |
| Total equity and liabilities | 10/49 | €1,375,534 | €1,360,746 | -€14,788 | -1.1% |
| Equity | 10/15 | €487,982 | €587,656 | +€99,673 | +20.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €467,522 | €567,196 | +€99,673 | +21.3% |
| Amounts payable | 17/49 | €887,552 | €773,090 | -€114,462 | -12.9% |
| Amounts payable within one year | 42/48 | €885,903 | €770,964 | -€114,939 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €2,735 | €41,765 | +€39,030 | +1426.8% |
| Trade debts | 44 | €761,111 | €664,853 | -€96,258 | -12.6% |
| Suppliers | 440/4 | €761,111 | €664,853 | -€96,258 | -12.6% |
| Taxes, remuneration and social security | 45 | €122,057 | €64,346 | -€57,712 | -47.3% |
| Taxes | 450/3 | €122,057 | €60,769 | -€61,288 | -50.2% |
| Remuneration and social security | 454/9 | - | €3,577 | +€3,577 | |
| Accrued charges and deferred income | 492/3 | €1,648 | €2,126 | +€478 | +29.0% |
| Remuneration, social security and pensions | 62 | €18,147 | €124,001 | +€105,855 | +583.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,376 | €2,141 | -€2,235 | -51.1% |
| Other operating charges | 640/8 | €48,242 | €20,081 | -€28,161 | -58.4% |
| Gross operating margin | 9900 | €76,096 | €263,245 | +€187,149 | +245.9% |
| Operating profit (loss) | 9901 | €5,331 | €117,022 | +€111,691 | +2095.2% |
| Financial income | 75/76B | €5,764 | €8,809 | +€3,044 | +52.8% |
| Recurring financial income | 75 | €5,764 | €8,809 | +€3,044 | +52.8% |
| Financial charges | 65/66B | €8,785 | €8,815 | +€30 | +0.3% |
| Recurring financial charges | 65 | €8,785 | €8,815 | +€30 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €2,310 | €117,015 | +€114,705 | +4965.4% |
| Income taxes | 67/77 | €1,608 | €17,342 | +€15,734 | +978.2% |
| Profit (loss) for the period | 9904 | €702 | €99,673 | +€98,972 | +14106.2% |
| Profit (loss) for the period to be appropriated | 9905 | €702 | €99,673 | +€98,972 | +14106.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.